A stablecoin is a type of cryptocurrency whose value is pegged to a stable asset (such as the US dollar, gold, or other cryptocurrencies) to minimize price volatility. They combine the stability of traditional currencies with the technological advantages of cryptocurrencies.
Group USD Stablecoin
Transparent Reserves, Audited, 1:1 Redeemability
USD-pegged with a strict 1:1 reserve ratio. Reserve holdings are transparently disclosed and independently attested/audited on a regular cadence by XX International Accounting Firm, ensuring compliant issuance, reliable redemption and ample liquidity.
Peg Mechanism: USD-referenced with 1:1 backing for immediate redemption confidence.
Reserve Transparency: Periodic reserve disclosures with verifiable key figures.
Independent Oversight: Regular third-party attestations/audits to strengthen trust.
Hedge Asset: Helps preserve nominal value during market volatility;
Payments & Settlement: Efficient clearing across platforms and use cases;
Business Synergy: Deep integration with crypto and RWA issuance/trading to lower overall trading and operational costs.
Popular Trading Pairs
Security Measures
We employ multiple security measures to comprehensively protect your assets and privacy
Cold Wallet Storage
Multi-Signature
Real-time Monitoring
Insurance Fund
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Frequently Asked Questions
There are three main types: fiat-collateralized (like USDT, USDC), crypto-collateralized (like DAI), and algorithmic stablecoins (like UST). Fiat-collateralized are backed by traditional currencies, crypto-collateralized are over-collateralized by other cryptocurrencies, and algorithmic stablecoins maintain price stability through algorithmically controlled supply.
Different types use different mechanisms: fiat-collateralized hold equivalent reserves; crypto-collateralized require over-collateralization and automatic liquidation; algorithmic stablecoins adjust supply through algorithms. When prices deviate from the peg, arbitrage opportunities encourage price regression.
Stablecoins can be used for: trading pair pricing, cross-border payments, hedging, DeFi lending, earning interest, payroll, etc. They provide the convenience of cryptocurrencies while avoiding price volatility risks.
Advantages include: avoiding fiat deposit/withdrawal restrictions, 24/7 trading, fast settlement, global liquidity, avoiding exchange rate fluctuations, serving as a benchmark pricing unit for trading pairs, and facilitating profit/loss calculations.
Main risks include: insufficient collateral risk, regulatory risk, smart contract vulnerabilities, centralization risk (issuer freezing funds), liquidity risk, algorithm failure risk, etc. Choosing transparently audited, well-reserved stablecoins can reduce risks.
USDT is a fiat-collateralized stablecoin issued by Tether; USDC is a fiat-collateralized stablecoin issued by Circle with more transparent regulation; DAI is a decentralized crypto-collateralized stablecoin issued by MakerDAO. USDT has the largest market share, USDC has stricter regulation, and DAI is the most decentralized.
Mainstream stablecoins are typically audited regularly by third-party audit firms (such as Armanino, Grant Thornton) for reserves. Audit reports confirm that issuers hold sufficient collateral. Some stablecoins also provide real-time reserve viewing capabilities to increase transparency.
Regulators worldwide are strengthening stablecoin regulation. The US considers some stablecoins as securities, the EU has passed MiCA regulations, and Hong Kong requires stablecoin issuers to obtain licenses. The regulatory trend requires transparent reserves, regular audits, and compliant operations.
Future trends include: central bank digital currency (CBDC) development, improved cross-chain interoperability, more comprehensive regulatory frameworks, deeper integration with traditional financial systems, wider application in DeFi, and exploration of new algorithmic stablecoins.